Bitcoin stalls – STHs dump BTC at a loss following failed Senate crypto bill
The CLARITY Act vote was blocked in the Senate, leading to a BTC short-term holder rout.
At 8:40 a.m., bitcoin’s price is hovering around $75,879 on Sept. 16, 2026, after a sharp intraday washout tested $74,913 and buyers managed to pull the price back into the mid-$75,000s. The bigger picture is far less tidy.
Hyperscale's liquidity surplus highlights potential volatility risks and strategic opportunities in its pursuit of AI and Bitcoin ventures.
September 16, 2026, 1:02 pmAave Labs has proposed an isolated V4 market for stablecoin borrowing against Bitcoin held in custody by Anchorage Digital.
September 16, 2026, 1:01 pmThe CLARITY Act vote was blocked in the Senate, leading to a BTC short-term holder rout.
Regulatory progress in Bitcoin custody could accelerate institutional adoption, bridging traditional finance with digital assets and enhancing liquidity.
Crypto markets are bracing for the Federal Reserve’s (Fed) rate decision on September 16, just a day after the CLARITY Act failed to advance in the Senate. XRP dropped nearly 10% toward $1.30, Bitcoin slipped below $76,000, and more than $300 million in leveraged positions got liquidated within minutes.
Deutsche Bank plans to launch European digital asset custody this year, initially supporting bitcoin, ether, and select stablecoins.
Bitcoin fell as much as 5% to $76,110 after the Senate failed to advance the CLARITY Act. Ether dropped more than 8%, while smaller tokens also sold off hard. Fed rate fears are adding pressure, with markets pricing a 92% chance of a quarter-point hike. U.S.
The Clarity Act was rejected in the U.S. Senate on Tuesday, leading to a sharp drop in the Bitcoin price down to $75K. A 25 bps hike is expected to be announced in the Federal Reserve FOMC meeting later on Wednesday.
The self-custodial wallet is expanding beyond The Open Network, with support for seven blockchains and more financial products planned.
Capriole Investments founder Charles Edwards says bitcoin needs a weekly close back above $78,000 “pronto.” The market is currently about $2,000 short of it.
Bitcoin (BTC) mining sites have become some of the scarcest permitted power capacity in the United States. With 151 data center restrictions still active, AI developers face years of waiting to plug in anywhere new. CoinShares cited at least 225 data center moratoriums or restrictions in its second-quarter mining report.